A new Kauffman Foundation report shows business creation rebounding to pre-pandemic levels, led by Black, Latino and immigrant founders. But increasing numbers are often driven by necessity, and Kansas City is falling behind the national pace.
economic development
Posted inMeeting Notes
Nearly 600-acre rezoning to pave way for development at downtown airport
The proposed $55 million Apex Aero Center would include a 12,000-square-foot passenger terminal and room for nearly 40 aircraft.
Posted inMeeting Notes
Port KC considering plan for ‘AI factory and research facility’
Details are skimpy for project that agency CEO says is “much different” than traditional data centers.
Posted inMeeting Notes
Projects seek additional $2M from KC economic development board
The sites are located at 35th Street and Prospect Avenue and in the 18th & Vine Jazz District.
Posted inLabor
‘Troost is not scary’: Kansas City Equity Walk highlights Black business revival on historic street
The Troost Equity Walk on Aug. 15 invites the public to trek 10 miles along Kansas City’s historic racial dividing line, visiting The Combine KC, Aim Well Yoga, WeCode KC, and others.
Posted inLabor
Troubled Boeing is absorbing Spirit with the Wichita economy in the balance
For Ed Ball, everything old is new again in the aviation industry. He began working at Metal Finishing Co. 25 years ago and watched Boeing spin off Spirit AeroSystems in 2005. Now Ball is a vice president at the aviation supplier, and he’s watching history reverse itself as Boeing buys back Spirit. “We have long-term […]
Posted inLocal Government
Your pressing questions for Wichita City Council candidates answered ahead of the Nov. 2 election
This fall, six candidates are vying for three seats on the Wichita City Council. In District 3, incumbent Jared Cerullo faces Mike Hoheisel, while District 6 incumbent Cindy Claycomb is running against Maggie Ballard. The challengers in both races received the most votes in their Aug. 3 primaries. In District 1, incumbent Brandon Johnson contends […]
Posted inLocal Government
Wichita economic development incentives topped $85 million since last September. Here’s how they work.
This summer, bulldozers, excavators and graders filled the sleepy residential North Riverside neighborhood. A once-vacant field at 11th and Amidon is becoming a new development of 40 single-family homes. Developer Jerry Jones said without the $1.7 million tax incentive Wichita offered him in February, the Riverside Housing Redevelopment District wouldn’t be single-family homes. “It definitely would’ve been a […]
Posted inEconomics, Education
Tax breaks for developers cost every KCPS student $1,925 in 2019
Good Jobs First found that tax breaks approved through these programs resulted in $130 million in net foregone revenue in Missouri in fiscal year 2019, making it the state with the seventh greatest loss in the study’s findings.